சிறிய தொப்பி நிதி ர்ச் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Suggested InvestmentHorizon: >3 years
Time taken to doublemoney: N.A“It is a roaring one-way bull market, with the indices touching all-time highs. Investors who have missed out and are sitting on cash often tend to come through new fund offers,” said Harshvardhan Roongta, CFP, Roongta Securities.
Some wealth managers believe investors are getting rid of non-performing schemes and reallocating to fresh ideas.
“A significant part of the money that has come into these NFOs is by selling some existing non-performing schemes,” said Gajendra Kothari, Founder, Etica Wealth. He points out that there are several schemes from the top fund houses that failed to beat their benchmark over long periods, and investors are getting rid of these schemes to redeploy that money into NFOs. “Investors tend to be attracted by new ideas,” added Kothari. Finally, many investors still buy the Rs 10 NAV tag and invest in NFOs. ....

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